Reference no: EM132717524
Question - Information need from Case 3 for the year end December 31, 2007 need for this question.
Total sales revenue: $639,111
Food operations sales revenue: $458,602
Beverage operations sales revenue: $180,509
Average check for food and beverages: $9.59
Average check for food: $6.88
Average check for beverages: $2.71
In the case at the end of Chapter 3, you calculated the average food and beverage check for the 4C Company's 84-seat restaurant in Year 2004. The restaurant was open for 52 weeks, 6 days a week for lunch, and 5 days a week for dinner. An analysis of sales checks indicated that the average turnover was 1.5 times for lunch and 1.25 times for dinner. Lunch contributes about 45 percent of total sales revenue and dinner, 55 percent. Total beverage sales revenue is 20 percent at lunch and 80 percent at dinner.
Required - Calculate the average lunch and average dinner checks for food and beverages.